Deals of the day-Mergers and acquisitions

Published 17/02/2018, 01:03 am
© Reuters.  Deals of the day-Mergers and acquisitions
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Praxair Inc
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(Adds Qualcomm, Linde , Goldman Sachs (NYSE:GS))

Feb 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Friday:

** Qualcomm Inc QCOM.O is open to discussing a buyout offer from Broadcom Ltd AVGO.O that "reflects the true value" of the chipmaker and better addresses its concerns about potential regulatory hurdles to a deal, the company said. The European Commission said it had opened an in-depth investigation into the proposed $85 billion merger of industrial gases groups Linde LING.DE and Praxair (NYSE:PX) PX.N , saying it feared reduced competition for some crucial gases. A consortium of infrastructure funds at Goldman Sachs GS.N and Macquarie MQG.AX is seen as the front runner in the sale of European bulk port terminal operator HES International, worth around 2 billion euros ($2.5 billion), industry sources said. U.S. regulators on Thursday killed the politically sensitive sale of the Chicago Stock Exchange (CHX) to a group led by China-based investors, saying a lack of information on the would-be buyers threatened the ability to properly monitor the exchange after the deal. U.S. industrial conglomerate General Electric (NYSE:GE) GE.N has reached a deal to sell parts of its overseas lighting business to a company controlled by former executive Joerg Bauer for an undisclosed amount. Swiss drugmaker Roche Holding AG ROG.S said on Thursday it would buy the rest of U.S. cancer data company Flatiron Health for $1.9 billion to speed development of cancer medicines and support its efforts to price them based on how well they work.

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